Twitter just turned a profit for the first time ever

Twitter has been one of the most popular social media platforms in the world for the past decade. Year-on-year spend on stock-based compensation was $102 million in Q4, down from $134 million; R&D dropped from $120.3 million to $78.3 million; and sales/marketing dropped from $223 million to $163.5 million. And to be fair, this is part of a trend: Last quarter, Twitter lost far less money than it did a year ago at the same time, with $21 million in red ink compared to $103 million lost in the third quarter of 2016. The troubles have been compounded by stagnant user growth. Thanks to a slow crackdown on abuse and purging of fake accounts and bots, Twitter's seen growth completely stall overall, with a significant decline in US users.

The company, which has been cutting expenses, turned a profit of $91 million, or 12 cents per share, for the first time. It will be interesting to see if Twitter can keep this up.

For the fourth quarter, Twitter reported revenue of $732 million, up 2% year-over-year. "I'm proud of the steady progress we made in 2017, and confident in our path ahead".

The report of the profits was recently released to Twitter shareholders.

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Yuval Ben-Itzhak, CEO, Socialbakers said that with new innovations such as the release of 280 characters, threads, and live content features, Twitter's new strategies are successfully regaining the valuable commitment of marketers.

"It's now about taking that scalable model and using it to reach new user groups to increase their user base", he said. Twitter made a decision to go public in 2013.

Finally, Twitter has reported its first quarterly net profit last day and the topped Wall Street targets as the video ad sales have risen by a comparative margin. This should ultimately help continue to differentiate the platform, drive user engagement and increase the user base.

James Cakmak, of Monness, Crespi, Hardt & Co., said in a client note that Twitter needs to attract more new users, adding that it is trading at a "lofty premium" given expected earnings.

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Without private companies like SpaceX we would not have such advancements that we now do or continued advancements in the future. February 7 the Embassy of Ukraine in the US reported on Ukrainian input to the SpaceX rocket historic propelling into space.

The institutional investor owned 349,516 shares of the specialty retailer's stock after selling 957 shares during the period. Following the sale, the chairman now owns 135,776 shares of the company's stock, valued at approximately $29,910,095.04.

The S&P 500 posted no new 52-week highs and 47 new lows; the Nasdaq Composite recorded 17 new highs and 208 new lows. The Standard & Poor's 500 index, the benchmark for many index funds, also wavered between gains and losses.

Hence, the existing market cap indicates a preferable measure in comprehending the size of the company rather than its worth. Guardian Capital Lp increased Darden Restaurants Inc (NYSE:DRI) stake by 5,005 shares to 8,569 valued at $675,000 in 2017Q3.

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Q: So how can I watch all of this? He also became the oldest medalist in ski jumping when he earned bronze in the team event . Overall there are 20 Minnesotans (and one alternate) on Team USA, the third-most after Colorado (31) and California (21).

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